Word: strides
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...stock market breaks through an important psychological barrier into uncharted territory. While professionals take the milestone in stride, many believe that the run-up marks the start of a third and major upsurge in the great bull market that began in 1982. -- Corporate Raider Carl Icahn gives up on his bid for USX. -- Defections plague a computer-industry alliance...
...have age. I am a grumpie, a gray, upwardly mobile professional (although, silly me, during the last absence from the city I forgot to make a zillion dollars, the requisite for settling in today). Less amused, and no doubt less amusing, I no longer suffer everyday brutalities in stride; hence the need for the incantation. Of course, to be fair, any period of adjustment is rough on the nerves. It gets all the more complicated when you find yourself running short on patience and long on temper -- a consequence of having age. And if you don't cut yourself some...
...kicking long enough to break that record. TIME's Board of Economists, which met last week in Manhattan, predicted that America's gross national product will expand another 2.8% during 1987, compared with an estimated 2.4% this year and 2.9% in 1985. "I see no real break in the stride of the expansion. It will be long but not strong," said Board Member Walter Heller, who served as chairman of the Council of Economic Advisers for Presidents Kennedy and Johnson...
More important, Newhart is running with the easy, confident stride of a TV series at the peak of its form. Success has come without any of the usual sitcom crutches: not a single regular character is a wisecracking child, irreverent senior citizen or cute extraterrestrial. "Let's just say we're not a high-impact comedy like Laverne and Shirley," says Newhart, 57. "We give the audience credit for having some intelligence." Newhart's leisurely, low- voltage style sets the tone; instead of rapid-fire gag lines, he opts for shrewdly timed pauses, stammers and deadpan understatement. He gets...
Something momentous already had. At a single stroke the SEC had written finis to one of Wall Street's most spectacular and controversial careers, built up in little more than a decade. The federal agency had also taken a mammoth stride forward in the insider-trading investigation that first exploded last May, when the SEC filed a civil complaint against Dennis Levine, a former managing director of the Drexel Burnham Lambert investment banking firm, and charged him with illegal trading in 54 stocks. Levine subsequently pleaded guilty to four criminal charges and gave up $10.6 million in illegal profits...